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. harry reid wants to go after oil and gas companies and lord knows what. that kind of tax carpet bombing would generate a correction in the market. the market absorbed the last tax hike okay. but we don't want to push our luck, it seems to me. >> i think we're pushing our luck already. the market has yet to wake up to the reality of the last tax hike. the problem is obama puts the threats out because this is his way of premeg nating with republicans who are going to come to him in the debate about the sequesters and continuing resolution. obama is saying, don't even talk to me about entitlement reforms. if you oh mention those words it will be tax, tax, tax. i will control the public dialogue and that's all we'll e talk about. guys, fold your cards now. that's what this is about. i don't think there will be more tax hikes this year. there's also not going to be spending reform. all the talk about tax hikes is obama's way of making sure that america doesn't deal with its true problem which is its spending problem. >> i will cross that bridge when i get to it. dave goldman, this didn't hav
. >> reporter: harry reid will allow two votes to come to the senate floor tomorrow. both are expected to fail. the president can replace the sequester cuts with his own cuts. republicans have their own reservations about the republican plan because they don't want the president picking his own cuts. >> i'm going to get into that with jim demint. i don't like the sound of that at all. this is unbelievable. white house denies it. then they blame the homeland security. department so napolitano denies it. they have released hundreds of illegal immigrants, okay. they just released them in order to save money for the sequester. now they are denying it. a, somebody must have released them and this is one of the dumber things in a dumb scenario. >> reporter: a lot of republicans think the white house or the administration in general is leaking out this information that illegal immigrant physician the sequester happens will be released. they feel this is another white house scare tactic. i'll say this for the president. he's running quite a pr campaign on the sequester and republicans fear they are lo
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